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20121201
20121201
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start off that obama spoke to a manufacturer facility today. he quoted not raising taxes on the wealthy and keeping taxes high on the middle class basically giving the middle class a lump of coal for christmas. also in the meantime biden went to costco. he had a little bit of a shopping spree. >> costco hires 260 employees in the one store. part of a renaissance of the whole neighborhood out here. consumer confidence is growing and the last thing we need to do is dash that now by being unable to expend the tax cuts. >> obama: joe biden was in costco. he wanted to buy some of this stuff, but i told him he had too much work to do. i wasn't going to have him building roller coasters all day long. >> cenk: and then i handed him in a pen. >> my favorite reality show on television is joe biden in costco. there was not one sample that he didn't take. >> he's like a kid at costco. >> so it's interesting. that's the first costco that opened up in d.c. and of course, there are a lot of people excited about it, and people want to go and check it out. when you look at the way costco treats its work
that now by being unable to expend the tax cuts. >> obama: joe biden was in costco. he wanted to buy some of this stuff, but i told him he had too much work to do. i wasn't going to have him building roller coasters all day long. >> cenk: and then i handed him in a pen. >> my favorite reality show on television is joe biden in costco. there was not one sample that he didn't take. >> he's like a kid at costco. >> so it's interesting. that's the first costco that opened up in d.c. and of course, there are a lot of people excited about it, and people want to go and check it out. when you look at the way costco treats its workers that's where the real story is, right? especially when you care costco to walmart. first let me tell you warehouse workers in southern california have petitioned to include wal-mart as a defendant in a lawsuit about wages. theythe average costco worker makes $17 an hour. and average wage for walmart work is $8.81 an hour. >> cenk: that is an enormous difference. costco is not out of business. they're profitable and per employee, this gives you a sense of size, per em
beyond the tax date or just with those under $250,000 that president obama and democrats want. what is the best way to compromise for americans across the board? >> first you have to understand, that is politics as usual. even if the republicans gave in on this, on this 2% of the population getting taxed at a higher rate that basically pays for the budget deficit for three days. we are living with a $16 trillion deficit. so the republicans are going to have to compromise. democrats, white house, they have to come to a mutual agreement where an increase in taxes, a decrease in the amount of benefits that people receive, we need a real major compromise. we hope to god they do that zbleeh. >> heather: will they do it or not do. >> heather: will they do it? >> they no compromise. 50% chance they come to compromise that kicks the football into next year where the new congress will run with it. and possibly, 20% chance that nothing at all happens. we do think they will come up with some kind of temporary solution getting us through december 31. >> heather: we'll see what happens. >> gregg
today. take a listen. >> obama: let's make sure that middle class taxes don't go up. let's get that done in the next couple of weeks. let's also work together on a fair balanced responsible plan so that we are paying our bills we're not spending it on things we don't need but we're spending it on the things that make us grow. >> jennifer: he got the message to the public. what is he saying to congress. >> he's basically saying what we've seen other people say here around town which is give me a proposal. i think one of the lessons that the president learned early on during the first part of his administration is i think somebody else in the "washington post" might have said it when they said he's not going to negotiate with himself any longer. the nicer gentler barak obama who did closed-door negotiations who was always greeted by members of congress with obstructionism that is gone with the majority of americans voting for him. he came out and said give me a proposal. if you want to limit tax deductions, tell me what it is you want to limit. if you want to reduce entitlements, tell me h
now. i had to defend how many times people said on the left, including president obama when he was running for president the first time, the bush tax cuts only help the rich. they were only for the rich. now all of a sudden we're supposed to believe that he understands that they are actually going to hurt the middle class and the lower income people? because president bush cut taxes for everybody. finally now, i guess, history will get it right. that is actually what happened. president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would have been fan tast tic to see. >> andrea: there is a second stimulus. all spending and taxing. how would you feel
passed a tax cut extension program that the obama administration wants and it would essentially lay the groundwork for getting a quick fix to this fiscal cliff. they could then move on to the spending cuts portion. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> giants are okay. i like the packers better. remember to answer tonight's question question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. we always want to know what you think. >>> coming up, senate minority leader mitch mcconnell says democrats need to raise the eligibility age for medicare? obama care architect dr. zeke manual joins me to talk about what will happen if the parties don't come to a deal. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... t
, president obama talks about u.s. tax policy, the tax cut put in place at the it illustration that will expire at the end of this year. -- by the past administration that will expire at the end of this year. be on some important decisions that will have a real impact on our businesses -- and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy. the second option is better. right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the
-called fiscal cliff and president obama making his case to raise taxes on the rich while john boehner, the speaker of the house opens negotiating. >> it's not acceptable to me and i don't think it's acceptable to you, for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want the tax rates on upper income folks to go up. all right? that, that doesn't make sense. >> increasing tax rates draws money away from our economy that needs to be invested in our economy that needs to put the american people back to work. it's the wrong approach. and we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions and not raising rates. >> clayton: so with all of that, the white house saying they're unwilling to compromise on tax likes for the wealthy, where do we go from here. >> juliet: let's ask dana perino, currently on "the five" fox news channel. >> how are you. >> a great so-so far, lots of calories on that table out there. >> dave: speaking of ugly, how was the offer fro
the deadline to avoid the fiscal cliff. president obama proposing a plan that calls for a $1.6 trillion in tax increases over ten years. what's lacking is details on spending cuts. after weeks of talking, republicans saying the president is not meeting them halfway. >> there is a tail mate. let's not kid ourselves. i'm not trying to make this more difficult. you watched me over the last three weeks, i've been very guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> arthel: is the president looking to pick a fight with the gop and does he want to go over the fiscal cliff? joining us live now, susan estridge and fox news contributor. good to sigh. >> good to see you, art. >> arthel: so is it preposterous or practical to think that president obama wants to go over the fiscal cliff? >> you know, art, i got to believe that at the end of the day, nobody wants to go over the fiscal cliff. i mean, the one thing we know that came out of this election, this very close election, was that people want b
and democrats in congress to hold tax cuts hostage because they don't want tax rates to go up on upper income folks. >> reporter: mr. obama's opening bid includes $1.6 trillion in new revenue. half from higher rates in the wealthy. cuts in medicare and $50 billion in new infrastructure spending. when tim geithner laid out the plan for mitch mcconnell, aides on both sides said mcconnell burst out in laughing. house republicans offered a somber assessment. >> this is not a game. >> it was not a serious proposal. and right now, we're almost nowhere. >> reporter: lester, there is the inside game in washington and the outside game of public pressure that the president is trying to apply. he continues both of those this week. he meets with governors at the white house and more business ceos trying to get congress to move the votes in the house of representatives and get something done before january 1st. lester. >> mike, thanks so much. >>> still to come, charges dismissed against the u.s. open tennis ref who is accused of killing her husband. why the court decided to drop the case. >>> and discoun
Search Results 0 to 9 of about 10